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Legal Industry Dropped 1,200 Jobs in Month of April

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In the month of April, the legal industry saw a drop in employment by some 1,200 jobs, according to the latest report from the United States Bureau of Labor Statistics. The job losses in April almost completely negate the gains made in the month of March, according to The Am Law Daily.

The BLS report also released adjusted jobs data for the month of March with its report for the month of April. The adjusted report shows that the legal industry added 1,200 jobs in March only to lose 1,200 in April. Because of this, there have been just 1,300 jobs added in the legal industry since the beginning of 2014.

In the country, there are 1.136 million people employed in the legal industry. This number is 700 employees higher than at the same point in 2013.
The economy as a whole received better news for April, with 288,000 jobs being added for the month, according to the BLS data. This increase in jobs dropped the unemployment rate to 6.3 percent from 6.7 percent. This is the lowest point for the rate since September of 2008. Also in April, 806,000 people dropped out of the United States workforce, which dampers excitement for the jobs report.

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Legal Industry Dropped 1,200 Jobs in Month of April by

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Posted by on May 5, 2014. Filed under Legal News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

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